Form
990
OMB No 1545-0047
Return of Organization Exempt From Income Tax
2007
Under section 501 (c), 527, or 4947(aXl) of the Internal Revenue Code (except black lung benefit trust or private foundation) Department of the Treasu
Internal Revenue Service( 77)
^ The organization may have to use a copy of this return to satisfy state reporting requirements.
A
For the 2007 calendar year, or tax year beginnin g
B
Check if applicable Address change
ease label* pIlRS
or riot
Name chan a
or
e.
Initial return
ae specific
Termination
(ions
, 2007 , and endin g
7/01
, 2008
6/30
C
C
Employer Identification Number
CHICO COMMUNITY SCHOLARSHIP ASSOCIATION 1530 HUMBOLDT RD. , SUITE 2 '
E
Telephone number
F
Accounting method :
23-7056599 530-893- a511
Amended return
Application pending
H andl are not applicable to section 527 organizations
• Section 501 (c)(3) organizations and 4947(a)(1) nonexempt charitable trusts must attach a complete d S c h edule A
H (a) Is this a group return for affiliates?
(Form 990 or 990-E Z). Web site:
N/A
J
Organization ty pe
K
Check here if the organization is not a 509(a)(3) supporting organization and its gross receipts are normally not more than $25,000. A return is not required, but if the organization chooses to file a return, be sure to file a complete return.
H (C) Are all affiliates included' (if 'No,' attach a list See instructions )
]
F x
3 -
Gross recei pts: Add lines 6b, 8b, 9b, and 10b to line 12
L
(insert no)
4947(a)(1) or
^ 134
Contributions, gifts, grants, and similar amounts received a Contributions to donor advised funds b Direct public support (not included on line 1a) c Indirect public support (not included on line 1a)
2 3 4 5
C11d
Z
X N
No
Yes
X
No
.
75 , 841.
1 d )
..
1e 2 3 4
75 , 841.
5
45 , 910.
140. 281.
6a , . .
6b .
.
6c
.
7 (A) Securities
(B) Other
er 8a Gross amo o than invent( ry .. , . 8a b Less: cost ni 3u 8b c Gain or (loss) . 2 .4. QO9 . 8c dNet gain or C).omme line c, colu pq A) and (B). 9 Special eve . If any amount is from gaming , check here . 011:1 10, 282. of contributions a Gross reve e (n reported on 9a 11 933. b Less: direct expenses other than fundraising expenses .. 9b 12 , 038. c Net income or (loss) from special events. Subtract line 9b from line 9a . STATEMENT 1 10a Gross sales of inventory, less returns and allowances. 10a b Less. cost of goods sold 10b c Gross profit or (loss) from sales of inventory (attach schedule). Subtract line lOb from line 10a .. 11 Other revenue (from Part VII, line 103) . 12 Total revenue. Add lines 1e, 2, 3, 4, 5 , 6c, 7, 8d , 9c, 1Oc, and 11 . . . 13 Program services (from line 44, column (B)) 14 Management and general (from line 44, column (C)) . ..
20
Yes
DO. Grou p Exem p tion Number Check ^ if the organization is not required to attach Schedule B (Form 990, 990-EZ, or 990-PF)
I M
1a 1b 1c
..
b Less rental expenses . .. c Net rental income or (loss). Subtract line 6b from line 6a 7 Other investment income (describe
15 QD 5 16 E 5 17 A 18 Ns 19 7 T
H (d) Is this a separate return filed by an organization covered by a group rulings
Program service revenue including government fees and contracts (from Part VII, line 93) Membership dues and assessments . .. .. Interest on savings and temporary cash investments . Dividends and interest from securities
6a Gross rents
v N
527
105.
d Government contributions (grants) (not included on line 1a) e Total (add lines 75,841 . noncash $ 1a through ld) (cash $
p
No
Revenue Ex penses , and Chan g es in Net Assets or Fund Balances See the instru ctions.
:Bart I 1
E Yes
H (b) if 'Yes,' enter number of affiliates 10'
G
Check onl y one )
Accrual
Cash
Other (specify)
Fundraising (from line 44, column (D)) . . . .. .. . . . Payments to affiliates (attach schedule ) .. .. Total ex p enses . Add lines 16 and 44, column (A) Excess or (deficit) for the year. Subtract fine 17 from line 12.. Net assets or fund balances at beginning of year (from line 73, column (A)). . . .
Other changes in net assets or fund balances (attach explanation)
...
. SEE STATEMENT 2
s 21 Net assets or fund balances at end of year. Combine lines 18, 19, and 20 BAA For Privacy Act and Paperwork Reduction Act Notice , see the separate instructions .
8d
9c
-105.
10c 11 12 13 14
122 , 067.
i5 , 594. 1,821.
15 16 17 18 19
643 023.
20
-83, 859.
21 TEEAO109L 12/27/07
87 , 415. 34 , 652.
593 816. Form 990 (2007)
Form 990 2007 CHICO COMMUNITY SCHOLARSHIP ASSOCIATION 23-7056599 Pa g e 2 art, it Statement OT Functional Ex penses All organizations m ust complete column ( A). Columns (B), (C) an d (D) are required for section 501 (c)(3) and (4) organ izations and section 4947(a)( 1) nonexempt charitable trusts but optional for others. (See instruct.) Do not include amounts reported on line 6b, 8b, 9b, lOb, or 16 of Part 1.
(B) Program services
(A) Total slot-
(C) Management and eneral
(D) Fundraising
22a Grants paid from donor advised funds (attach sch) (cash $ non-cash $ ) foreign grants, check here 22 b Other grants and allocations (att sch) (cash $ non-cash $
22a
If this amount includes foreign grants, check here 23
22b
Specific assistance to individuals
(attach schedule) 24
ST 3 23
Benefits paid to or for members (attach schedule)
84,175.
84 175.
25a
0.
0.
01
0.
25b
0.
0.
0.
0.
25c
0.
0.
0.
0.
1 , 169.
1 169.
24
25a Compensation of current officers, directors, key employees, etc. listed
in Part V-A b Compensation of former officers, directors, key employees, etc. listed
in Part V- B c Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3XB) 26 27 28 29 30 31 32
Salaries and wages of employees not included on lines 25a, b, and c
26
Pension plan contributions not included on lines 25a, b, and c
27
Employee benefits not included on lines 25a - 27 Payroll taxes Professional fundraising fees Accounting fees Legal fees
28 29 30 31 32
33 Supplies
33
34 35
34 35
Telephone. Postage and shipping
36 Occupancy Equipment rental and maintenance Printing and publications Travel Conferences, conventions , and meetings Interest Depreciation , depletion , etc (attach schedule) Other expenses not covered above (itemize):
37 38 39 40 41 42 43
a BANK CHARGES b FEES AND PERMITS_ c OUTSIDE SERVICES--d------------------ e ------------------ f ------------- - -- --9----------------- -44 Total functional expenses . Add lines 22a
throw h 43g (Or anizations complebr columns B - D carry these totals to lines 13q- 15
36 37
38
799.
799.
39 40 41 42
43a 43b 43c
180. 70. 1 , 022.
180. 70.
87 , 415.
85 , 594.
1 , 022.
43d
43e 43f 43
44
1 , 821.
0.
Joint Costs . Check "M if you are following SOP 98-2. Are any joint costs from a combined educational campaign and fundraising solicitation reported in (B) Program services ? -F] Yes XQ No (ii) the amount allocated to Program services If 'Yes,' enter (i) the aggregate amount of these joint costs $ $ ; (iii) the amount allocated to Management and general $ and (iv) the amount allocated to Fundraising $ BAA
TEEA0102L 08/02/07
Form 990 (2007)
Form 990 (2007) CHICO COMMUNITY SCHOLARSHIP ASSOCIATION P,a"rt:1lli__ Statement of Program Service Accomplishments (See the instructions.)
23-7056599
Pag e 3
Form 990 is available for public inspection and, for some people, serves as the primary or sole source of information about a particular organization. How the public perceives an organization in such cases may be determined by the information presented on its return. Therefore, please make sure the return is complete and accurate and fully describes, in Part III, the organization's programs and accomplis hments. _ _ Program Service Expenses What is the organization's primary exempt purpose? ^ SE_E_ STATEMENT _4_ _ _ _ _ _ _ _ - and All organizations must describe their exempt purpose achievements in a clear and concise manner. State the number of (Rejj^organizatitions end -c l ien t s served , pu bl ica t ions issue d , e t c D iscuss ac h ieve m e nt s th a t are no t measura bl e. (S ec t ion 501 (c)(3) an d (4) organ^947(a)(1) trusts. but izations and 4947 (a) ( 1 ) nonexem p t charitable trusts must also enter the amount of g rants and a ocations to others optional for others )
a
COMMUNITY TY -___
AND AWARD
SCHOOLS WHO ARE CONTINUING ON TO INSTITUTIONS OF HIGHER LEARNING ON A --------------------------------------------------
FULL-TIME BASIS. --------------------------------------------------------------------------------------------------------Grants and allocations $ 75, 841. If this amount includes forei g n g rants, check here . b
85 , 594.
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------0. n Grants and allocations $ If this amount includes forei g n g rants, check here
c ------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------------------------------------Grants and allocations d
$
If this amount includes forei g n g rants, check here
---------------------------------------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------Grants and allocations $ If this amount includes forei g n rants, check here Other program services e (Grants and allocations $ If this amount includes forei g n g rants, check here Total of Program Expenses Service (should equal line 44, column (B), Program services) f . 111.
85,594. Form 990 (2007)
BAA
TEEA0103L
12/27/07
Form 990 (2007) CHICO COMMUN ITY SCHOLARSHIP ASSOCIATION a"` ;I'• Balance Sheets (See the instructions.
23-7056599
Where required, attached schedules and amounts within the description column should be for end-of-year amounts only
Note : 45
Cash - non-interest-bearing .
46
Savings and temporary cash investments . .
(A) Beginning of year
.
216, 311. 46
..
47b
47c
M 48a
.... .. .. 48a Pledges receivable b Less: allowance for doubtful accounts 49 Grants receivable
24
48b . .... .
,
000. 22,250.
..
50 a Receivables from current and former officers, directors, trustees, and key employees (attach schedule) . .. . ...
51 a Other notes and loans receivable (attach schedule) . .. . .. b Less. allowance for doubtful accounts 52 Inventories for sale or use . ... 53 Prepaid expenses and deferred charges 54a Investments - publicly-traded securities .. b Investments - other securities (attach sch) 55a Investments - land, buildings, & equipment: basis b Less: accumulated depreciation (attach schedule ) . . . . . 56 Investments - other (attach schedule) 57a Land, buildings, and equipment: basis
24 , 000.
50b
51a 51 b 392.
51c 52 53
511 , 911.
54a
. . ; H Cost Cost
48c 49 50a
b Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) (attach schedule ). ..
XX FMV X FMV
517 625.
54b
55a 55b . ...
55c 56
...
57a
b Less: accumulated depreciation (attach schedule) 57b . . 58 Other assets, including program-related investments (describe ^ - - - - - - -) ----------------------59 Total assets (must eq ual line 74) . Add lines 45 through 58 60 Accounts payable and accrued expenses .... ...... .. 61 Grants payable 62 Deferred revenue
L A
175 , 541.
47a
b Less. allowance for doubtful accounts
E s
(B) End of year 45
.
470 ArCniii3k rerpiynhip
A s
Page 4
Loans from officers, directors, trustees, and key employees (attach schedule ).. .. .. ... 64a Tax-exempt bond liabilities (attach schedule) b Mortgages and other notes payable (attach schedule) SEE- STATEMENT 5 ) 65 Other liabilities (describe --------------------66 Total liabilities . Add lines 60 throu h 65
57c
750, 864.
58 59 60 61 62
717 166.
63
^ T I s
T
Organizations that follow SFAS 117, check here ^ through 69 and lines 73 and 74.
A
67 Unrestricted..
63 64a 64b
107,841. 65
123, 350.
107, 841.
66
123 , 350.
....
643 023. 67
593 816.
X^ and complete lines 67
. .
1 68 Temporarily restricted . .... . ..... ..... S 69 Permanently restricted .. o Organizations that do not follow SFAS 117, check here ^ and complete lines F 70 through 74. H 70 Capital stock, trust principal, or current funds 71 Paid-in or capital surplus, or land, building, and equipment fund . e AL 72 Retained earnings, endowment, accumulated income, or other funds . .. A N
73 74
Total net assets or fund balances. Add lines 67 through 69 or lines 70 through 72. (Column (A) must equal line 19 and column (B) must equal line 21) Total liabilities and net assets ifund balances. Add lines 66 and 73
68 69
70 71 72 643 023.
73
593 816.
750 864.
74
717 166. Form 990 (2007)
BAA
TEEA0104L
08/02/07
Form 990 200 CHICO COMMUNITY SCHOLARSHIP ASSOCIATION 23-7056599 Part lv-: ' Reconciliation of Revenue per Audited Financial Statements with Revenue per Return (See the instructions.) a b
Total revenue, gains, and other support per audited financial statements . Amounts included on line a but not on Part I, line 12: 1 Net unrealized gains on investments .. 2Donated services and use of facilities 3Recoveries of prior year grants . . 40ther (specify):
e
Subtract Tine b from line a . Amounts included on Part I, line 12, but not on line a: 1 Investment expenses not included on Part I, line 6b . 20ther (specify): -----------------------------------------------------------------Add lines d1 and d2 . Total revenue (Part I, line 12) . Add lines c and d
a
142 , 317.
bl 11
20,250. 122, 067.
b1 b2
-----------------------------SEE STM 6 --------------------------------Add lines b1 through b4
c d
Pa ge 5
d1 d2l
122,067
P.W IB Reconciliation of Expenses per Audited Financia l Statemc nts with Expenses a b
Total expenses and losses per audited financial statements . ... Amounts included on line a but not on Part I, line 17: 1 Donated services and use of facilities .. ... 2Prior year adjustments reported on Part I, line 20 .. 3Losses reported on Part I, line 2Q .. ... 40ther (specify). ------------------------------
SEE STMT 7 c d
e
107 665.
b c
20 , 250. 87 , 415.
d e
87,415.
b1 b2 b3
b4
Add lines b1 through b4 ... Subtract line b from line a Amounts included on Part I, line 17, but not on line a: 1 Investment expenses not included on Part I, line 6b ... ______________ 20ther(specify): ---------------------------------------------------Add lines d1 and d2. .. Total ex penses (Part I, line 17) . Add lines c and d
a
20,250.
d1 d2
lVa-MMAN Current Officers , Directors , Trustees , and Key Employees
(List each person who was an officer, director, trustee, or key employee at any time during the year even if they were not compe nsated) (See the instructions.)
(A) Name and address
(B) Title and average hours per week devoted to position
(C) Compensation (i f not paid, enter -0-)
----------------------------------------SEE STATEMENT 8
0.
(D) Contributions to employee benefit plans and deferred compensation plans
0.
(E) Expense account and other allowances
0.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------BAA
TEEA0105L 08/02/07
Form 990 (2007)
Form 990 (2007) CHICO COMMUNITY SCHOLARSHIP ASSOCIATION Part V A Current Officers , Directors , Trustees , and Key Employees (continued)
23-7056599
Pag e Yes No
75a Enter the total number of officers, directors, and trustees permitted to vote on organization business at board meetings . 016 ___________ b Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships? If 'Yes,' attach a statement that identifies the individuals and explains the relationship(s) 75b c Do any officers, directors, trustees, or key employees listed in form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule .,
_. - .. .. ..
.. . . ........... ............. ........... .. ......... .) .... .... ...
... ..^....... w, ...... a. ....
...... .........,.....
X
ac...c.vw, u.^a u. c i c.aacu
to the organization? See the instructions for the definition o 'related organization' If 'Yes,' attach a statement that includes the information described in the instructions d Does the or g anization have a written conflict of interest p olicy ?
75c
X
75d X MOM Former Officers, Directors , Trustees, and Key Employees That Received Compensation or Other Benefits (If any former officer, director, trustee, or key employee received compensation or other benefits (described below) during the year, list that person below and enter the amount of compensation or other benefits in the appropriate column. See the instructions.) (A) Name and address
(B) Loans and Advances
(C) Compensation (if not paid, enter -0-)
(D) Contributions to employee benefit plans and deferred compensation plans
(E) Expense account and other allowances
NONE
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
artt - . Other Information See the Instructions.
Yes No
76
Did the organization make a change in its activities or methods of conducting activities? If 'Yes,' attach a detailed statement of each change . . .. ......... . 77 Were any changes made in the organizing or governing documents but not reported to the IRS?.. If 'Yes,' attach a conformed copy of the changes. 78a Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return? . b If 'Yes,' has it filed a tax return on Form 990 -T for this year?. 79
..
Was there a liquidation, dissolution, termination, or substantial contraction during the year? If 'Yes,' attach a statement . . ..
.
..
......
......
80a Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc, to any other exempt or nonexempt organization?
76 77 78a 78b
MEN
X X X
N A
79
X
80a
X
b If 'Yes,' enter the name of the organization ^
N/A _ _ _ _ _ _ _ _ _ _ _ ----------------and check whether it is ^exemptornonexempt -----------------------------
81 a Enter direct and indirect political expenditures. (See line 81 instructions.) ..
b Did the or g anization file Form 1120-POL for this year? BAA
..
81 a
0.
81 b X Form 990 (2007)
TEEA0106L 12127/07
Form 990 (2007) CHICO COMMUNITY SCHOLARSHIP ASSOCIATION Part Y( Other Information (continued)
23-7056599 Yes
Pa g e 7 No
82 a Did the organization receive donated services or the use of materials , equipment , or facilities at no charge or at substantially less than fair rental value?.
82a
b If Yes,' you may indicate the value of these items here. Do not include this amount as revenue in Part I or as an expense in Part II. (See instructions in Part III.) 182bl 83a Did the organization comply with the public inspection requirements for returns and exemption applications?. 84a Did the organization solicit any contributions or gifts that were not tax deductible?..
. . .
.
X
N/A 83a
X
84a
..
b If Yes,' did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible. 85a 501(c)(4), (5), or (6). Were substantially all dues nondeductible by members? . . .. . b Did the organization make only in-house lobbying expenditures of $2,000 or less?
X
gw mn 84b N A 85a N A 85b N A
If 'Yes' was answered to either 85a or 85b, do not complete 85c through 85h below unless the organization rec eived a waiver for proxy tax owed for the prior year. c d e f g
Dues, assessments, and similar amounts from members.. Section 162(e) lobbying and political expenditures Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices Taxable amount of lobbying and political expenditures (line 85d less 85e). Does the organization elect to pay the section 6033(e) tax on the amount on line 85f?
.
85c 85d 85e 85f
N/A N/A N/A N/A 85 I NA
h If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount on line 85f to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year' . . . 86 501(c)(7) organizations Enter: a Initiation fees and capital contributions included on line 12 ... 86a ... .. b Gross receipts, included on line 12, for public use of club facilities 86b 87 501(c)(12) organizations Enter. a Gross income from members or shareholders 87a
85h
N A
A /A
b Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) . . .
87b N/A3 88 a At any time during the year, did the organization own a 50% or greater interest in a taxable corporation or partnership, or an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If Yes,' complete Part IX .. 88a
t^u
X
b At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)? If 'Yes,' complete Part X1 ..... .. ^ 88b 89a 501(c)(3) organizations Enter: Amount of tax imposed on the organization during the year under: section 4911 ^ 0 . ; section 4912 ^ -0. ; section 4955 ^ ---------01 ----------------b 501(c)(3) and 501(c)(4) organizations. Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year? If 'Yes,' attach a statement explaining each transaction 89b c Enter- Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958 ... . . . .. ^ 0. d Enter. Amount of tax on line 89c, above, reimbursed by the organization .. . ^ 0. e All organizations. At any time during the tax year, was the organization a party to a prohibited tax shelter transaction' f All organizations Did the organization acquire a direct or indirect interest in any applicable insurance contract? .
X
X
89e 89f
X X
g For supporting organizations and sponsoring organizations maintaining donor advised funds. Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year? X 89 90a List the states with which a copy of this return is filed ^ NONE -------------------------------------b Number of employees employed in the pay period that includes March 12, 2007 (See instructions .). .. ... .. ... .. Telephone number ^ 91 a The books are in care of ^ RICHARD W. POWELL, CPA, TREAS
Located at ^ 1530 HUMBOLDT RD. 1 _SUITE 2
190bl 530-893-1871
0
CHICO1 _CA _ _ _ _ _ _ _ _ _ _ _ _ _ ZIP + 41- 95928 _
b At any time during the calendar year, did the organization have an interest in or a signature or other authority over a financial account in a foreign country (such as a bank account, securities account , or other financial account)? If Yes,' enter the name of the foreign country .. ^
Yes 91 b
No X
See the instructions for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts. BAA
Form 990 (2007)
lEEA0107L
09/10/07
Form 990 (2007) CHICO COMMUNITY SCHOLARSHIP ASSOCIATION Part ill Other Information (continued)
23-7056599 Yes
ag e 8 No
91 c c At any time during the calendar year , did the organization maintain an office outside of the United States? X ll^ ___________________________________ _____ If 'Yes,' enter the name of the foreign country 92 Section 4947(a)(1) nonexempt charitable trusts filing Form 990 in lieu of Form 1041 - Check here N/A 11 and enter the amount of tax -exempt interest received or accrued during the tax year N/A ' 92
1Part /,ll' Analysis of Income - Producing Activities (See the instructions.) Note : Enter gross amounts unless otherwise indicated.
(A) Business code
(B) Amount
(C) Exclusion code
(D) Amount
(E) Related or exempt function income
Program service revenue:
93
a b c d e f Medicare/Medicaid payments.. g Fees & contracts from government agencies. 94 Membership dues and assessments 95 Interest on savings & temporary cash invmnts 96 Dividends & interest from securities. . 97 Net rental income or (loss) from real estate. a debt-financed property b not debt-financed property. . 98 Net rental income or (loss) from pers prop. 99 Other investment income . .. 100
Gain or (loss) from sales of assets other than inventory .
101
Net income or (loss) from special events
102
Gross profit or (loss) from sales of inventory
103
Other revenue: a
140. 281. 45.910.
1
-105. ed
b c d e 104 Subtotal (add columns (B), (D), and (E)) 105 Total (add line 104, columns (B), (D), and (E)) .. . Note : Line 105 plus line le, Part I, should equal the amount on line 12, Part I.
-105. . ...
.
...
46, 331. 46,226.
..
Nlli Relationshi p of Activities to the Accom plishment of Exem pt Purp oses (See the Instructions.
a
Line No .
Pa's
I.
Explain how each activity for which income is reported in column (E) of Part VII contributed importantly to the accomplishment of the organization's exempt purposes (other than by providing funds for such purposes).
Information Regardin g Taxa ble Subsidiaries and Disreg arded Entities (See the Instruc tions. (A)
(B)
Name, address, and EIN of corporation, partnership, or disregarded entity
Percentage of ownership interest
N/A
(C)
(D)
(E)
Nature of activities
Total income
End-of-year assets
%
% % ^AMM Information Re g ardin g Transfers Associated with Personal Benefit Contracts (See the instructions. .. . . . . Yes X No a Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? .. . H Yes X No b Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? . Note : If 'Yes' to (b), file Form 8870 and Form 4720 (see instructions). TEeAOiosl 12r27107 Form 990 (2007) BAA
Form 990 (2007) CHICO COMMUNITY SCHOLARSHIP ASSOCIATION 23-7056599 Pa SCI Information Regarding Transfers To and From Controlled Entities . Complete only If the organization is a controlling organization as defined in section 512(b)(13).
Page 9
Yes 106
a
Did the reporting organization make any transfers to a controlled entity as defined in section 512(b)(13) of the Code? If 'Yes,' com p lete the schedule below for each controlled entity (A) Name , address , of each
(B) Em ployer Identification
con tro ll ed en ti ty
(C) Descri ption of
N um ber
trans er
No x
Amou
(D
-------------------------------------------------------------------------
b
c
-------------------------------------------------
------------------------Totals Yes
107
Did the reporting organization receive any transfers from a controlled entity as defined in section 512(b)(13) of the Code? If 'Yes,' com p lete the schedule below for each controlled entity (A) Name, address, of each controlled entity
a
(B) Employer Identification Number
Description of transfer
No x
(D) Amount o f transfer
-------------------------
-------------------------------------------------
b
c
-------------------------------------------------
------------------------Totals Yes
108
Did the organization have a binding wrl annuities described in u s 07 abo Under penalties true, correct,
Please Sian
111-
f pertu
n contract in effect on August 17, 2006, covering the interest, rents, royalties, and
are I e ex fined this return, inclVdin acco a c aration pr rer (other than office) is as d o II
x mg sched u les a nd statem ents, and to th ^e st of rmation ofVwhich preparer has any knowledge
V Siana
of o c r
RICHARD W. POWELL, Type or print name and title
No
Date
TREASURER
y knowledg
and belief, it is
Department of the Treasury Internal R e ve nue Service
OMB No 1545-0047
Organization Exempt Under Section 501(cx3)
SCHEDULE A (Form 990 or 990-EZ)
(Except Private Foundation ) and Section 501(e), 501(f), 501(k), 501(n), or 4947(aXl) Nonexempt Charitable Trust Supplementary Information - (See separate instructions.) MUST be completed by the above organizations and attached to their Form 990 o r 990-EZ.
Name of the organization
2007
Employer identification number
23-7056599 (See instructions. List each one. If there are none. enter 'None.') (a) Name and address of each employee paid more than $50,000
(b) Title and average hours per week devoted to position
(c) Compensation
(d) Contributions to employee benefit plans and deferred compensation
(e) Expense account and other allowances
NONE ------------------------------------------------------------------------------------------------------------------------Total number of other employees paid over $50,000
WON
A
^
0
Compensation of the Five Highest Paid Independent Contractors for Professional Serv ices (See instructions. List each one (whether individuals or firms). If there are none, enter ' None.')
(a) Name and address of each independent contractor paid more than $50,000
(b) Type of service
(c) Compensation
NONE ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Total number of others receiving over $50,000 for p rofessional services
LmamLi
o
^
0
c ompensation of the Five Highest Paid Independent Contractors for Other Services
(List each contractor who performed services other than professional services, whether individuals or firms. If there are none, enter 'None.' See instructions.) (a) Name and address of each independent contractor paid more than $50,000
(b) Type of service
I (c) Compensation
NONE ----------------------------------------
Total number of other contractors receiving over $50,000 for other services ^ 0 BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 and Form 990-EZ. TEE.A 0401L
12/27/07
Schedule A (Form 990 or 990-EZ) 2007
Schedule A (FoYm 990 or 990-EZ) 2007 Fart 111 1
CHICO COMMUNITY SCHOLARSHIP ASSOCIATION
23-7056599
Statements About Activities (See Instructions.)
YesI No
During the year, has the organization attempted to influence national, state, or local legislation, including any attempt to influence public opinion on a legislative matter or referendum? If 'Yes,' enter the total expenses paid I. $ or incurred in connection with the lobbying activities N/A (Must equal amounts on line 38, Part VI-A, or line i of Part VI-B)
..
X
.
Organizations that made an election under section 501(h) by filing Form 5768 must complete Part VI-A Other oraan17atinn^ rhprking Xes' mi mt complete Part V1 -13 A-- -- --.afoment giviAg a detailed desciamptieR of the lobbying activities.
2
During the year, has the organization, either directly or indirectly, engaged in any of the following acts with any substantial contributors, trustees, directors, officers, creators, key employees, or members of their families, or with any taxable organization with which any such person is affiliated as an officer, director, trustee, majority owner, or principal beneficiary? (If the answer to any question is 'Yes,' attach a detailed statement explaining the transactions.)
a Sale, exchange, or leasing of property? ...
2a
X
b Lending of money or other extension of credit?
2b
X
c Furnishing of goods, services, or facilities?
2c
X
d Payment of compensation (or payment or reimbursement of expenses if more than $1,000)?
2d
X
2e
X
e Transfer of any part of its income or assets?
..
...
3a Did the organization make grants for scholarships, fellowships, student loans, etc? (If 'Yes,' attach an explanation of how the organization determines that recipients qualify to receive payments.) b Did the organization have a section 403(b) annuity plan for its employees?
STMT 10
..
c Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures? If 'Yes,' attach a detailed statement . .. d Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
. .
4a Did the organization maintain any donor advised funds? If 'Yes,' complete lines 4b through 4g. If 'No,' complete lines 4f and 4g b Did the organization make any taxable distributions under section 4966?
3a
X
3b
X
3c
X
3d
X
4a
X
4b
N A
4c
N A
C Did the organization make a distribution to a donor, donor advisor, or related person? d Enter the total number of donor advised funds owned at the end of the tax year
....
N/A
. ..
e Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year . .
10.
f Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included on line 4d) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts .. ... . g Enter the aggregate value of assets held in all funds or accounts included on line 4f at the end of the tax year BAA
TEEA0402L 12/27(07
N/A
0 ^
0.
Schedule A (Form 990 or Form 990-EZ) 2007
Schedule A (Form 990 or 990-EZ) 2007 ^V
CHICO COMMUNITY SCHOLARSHIP ASSOCIA
Page 3
23-7056599
Reason for Non - Private Foundation Status (See instructions.)
I certify that the organization is not a private foundation because it is: (Please check only ONE applicable box.) 5
[ A church , convention of churches , or association of churches . Section 170(b)(1)(A)(i).
6
n A school Section 170 (b(1)(A)( u) (Also complete Part V-)
7
[ A hospital or a cooperative hospital service organization . Section 170(b)(1)(A)(iii).
8
[ A federal, state, or local government or governmental unit. Section 170 (b)(1)(A)(v).
9
F IA medical research organization operated in conjunction with a hospital. Section 170(b)(1)(A)(iii). Enter the hospital ' s name, city, and state
--------------------------------------------------------
10
[ An organization operated for the benefit of a college or university owned or operated by a governmental unit. Section 170(b)(1)(A)(iv) (Also complete the Support Schedule in Part IV-A.)
11 a ❑ X An organization that normally receives a substantial part of its support from a governmental unit or from the general public Section 170(b)(1)(A)(vi). (Also complete the Support Schedule in Part IV-A.)
11 b [-] A community trust. Section 170(b)(1)(A)(vi) (Also complete the Support Schedule in Part IV-A ) 12
[ An organization that normally receives : (1) more than 33-1/3% of its support from contributions , membership fees , and gross receipts from activities related to its charitable , etc, functions - subject to certain exceptions , and (2) no more than 33-1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Also complete the Support Schedule in Part IV-A.)
13 An organization that is not controlled by any disqualified persons (other than foundation managers) and otherwise meets the requirements of section 509 (a)(3). Check the box that describes the type of supporting organization, [Type I
[Type II [Type III-Functionally Integrated [Type III-Other Provide the following information about the supported organizations . (See instructions.)
(a) Name(s) of supported organization (s)
Total 14
(b) Employer identification number (EIN)
(c) Type of organization (described in lines 5 through 12 above or IRC section )
(d) Is the supported organization listed in the supporting organization's governing documents? Yes No
(e) Amount of support
0.
... n An organization organized and operated to test for public safety. Section 509(a)(4). (See instructions )
Schedule A (Form 990 or 990-EZ) 2007
BAA
lEEA0407L
12/27/07
Schedule A (Form 990 or 990-EZ 2007 PBS lY A
CHICO COMMUNITY SCHOLARSHIP ASSOCIATI
23-7056599
Pa g e 4
Support Schedule (Complete only if you checked a box on line 10, 11, or 12.) Use cash method of accounting.
Note : You may use the worksheet in the instructions for converting from the accrual to the cash method of accounting Calendar year (or fiscal year beginning in) ^ 15 Gifts, grants, and contributions received. (Do not include
unusual rants See line 28.
17
18
(a) 2006
(b) 2005
71 385.
(c) 2004
72 , 935.
(d) 2003
781981.
(e) Total
284 790.
61 , 489.
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc, p urpose Gross income from interest, dividends, amts rec'd from payments on securities loans (sec. 512(a)(5)), rents, royalties, income from similar sources, and unrelated business taxable income (less sec. 511 taxes) from businesses acquired
by the or anzation after June 30, 1975
0.
34 640.
20 , 534.
10 , 746.
71 , 604.
5 , 684.
Net income from unrelated business activities not included in line 18 20 Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf . 21 The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the p ublic without char g e 22 Other income. Attach a schedule. Do not include gain or (loss) from sale of 19
0.
0.
0.
ca p ital assets 23 Total of lines 15 throug h 22 24 Line 23 minus line 17
25 Enter I% of line 23 26
0.
1-0-6 , 350. 106 350. 1,064. 1
93 , 754. 93 754. 938.
89 , 987. 89, 987. 900.
Organizations described on lines 10 or 11 : a Enter 2% of amount in column (e), line 24 b Prepare a list for your records to show the name of and amount contributed by each person (other than a governmental unit or publicly supported organization) whose total gifts for 2003 through 2006 exceeded the amount shown in line 26a . Do not file this list with your return. Enter the total of all these excess amounts .. c Total support for section 509(a)(1) test: Enter line 24, column (e) .. d Add: Amounts from column (e) for lines: 18 71,604. 19
22
26b
67,433. 67 , 433. 674.
357 , 524. 357,524.
11, 26a (, , 0' 26b 01 26c in
26d
7,150. b M
357,524. Mum=
71 , 604.
e Public support (line 26c minus line 26d total ) . . 01 26e 285, 920. If Public su pport percenta g e ine 26e (numerator) divided by line 26c (denominator)) 79.97 % 0' 26f 27 Organizations described on line 12: N/A a For amounts included in lines 15, 16, and 17 that were received from a 'disqualified person,' prepare a list for your records to show the name of, and total amounts received in each year from, each 'disqualified person.' Do not file this list with your return . Enter the sum of such amounts for each year: (2006) ------------ (2005)------------ (2004)------------ (2003)------------bFor any amount included in line 17 that was received from each person (other than 'disqualified persons'), prepare a list for your records to show the name of, and amount received for each year, that was more than the larger of (1) the amount on line 25 for the year or (2) $5,000 (Include in the list organizations described in lines 5 through 11 b, as well as individuals.) Do not file this list with your return. After computing the difference between the amount received and the larger amount described in (1) or (2), enter the sum of these differences (the excess amounts) for each year: (2006) ------------ (2005)------------ (2004)------------ (2003)------------c Add: Amounts from column (e) for lines: 15 16 17 20 21 27c and line 27b total . 27d d Add. Line 27a total . .. 27e e Public support (line 27c total minus line 27d total) . . . . .... . . ... .. ... .... ... . If Total support for section 509(a)(2) test: Enter amount from line 23, column (e)... ^ 271f 27 g Public support percentage pine 27e (numerator) divided by line 27f (denominator)). % h Investment income p ercenta g e ine 18, column (e) (numerator) divided by line 27f (denominator)) 27h % Unusual Grants: For an organization described in line 10, 11, or 12 that received any unusual grants during 2003 through 2006, prepare a list for your records to show, for each year, the name of the contributor, the date and amount of the grant, and a brief description of the nature of the grant. Do not file this list with your return . Do not include these grants in line 15. TEEA0403L 12127/07 Schedule A (Form 990 or 990-EZ) 2007 BAA 28
Schedule A (Form 990 or 990-EZ) 2007 CHICO COMMUNITY SCHOLARSHIP ASSOCIA Par't;V°,' -' Private School Questionnaire (See instructions.)
23-7056599
(To be co mpleted ONLY by schools that checked the box on line 6 in Part IV)
Pa g e 5
N/A No
29
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws, other governing instrument, or in a resolution of its governing body? ....
30 Does the organization include a statement of its racially nondiscriminatory policy toward students in all its brochures, -catalogues, and e written communications with a public dealing wan student admissions, programs, and scholarships? . 31
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during the period of solicitation for students, or during the registration period if it has no solicitation program, in a way that makes the policy known to all parts of the general community it serves? If 'Yes,' please describe, if 'No,' please explain. (If you need more space, attach a separate statement.)
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------32 Does the organization maintain the following: a Records indicating the racial composition of the student body, faculty, and administrative staff? b Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory basis? . .. . . c Copies of all catalogues, brochures, announcements, and other written communications to the public dealing with student admissions, programs, and scholarships?. ... d Copies of all material used by the organization or on its behalf to solicit contributions? .... .. If you answered 'No' to any of the above, please explain . (If you need more space , attach a separate statement.) --------------------------------------------------------------------------------------------------------------33
Does the organization discriminate by race in any way with respect to: a Students' rights or privileges? b Admissions policies?
.... .
c Employment of faculty or administrative staff?. . . d Scholarships or other financial assistance? e Educational policies? f Use of facilities? g Athletic programs?
. . .
h Other extracurricular activities? If you answered 'Yes' to any of the above , please explain . ( If you need more space, attach a separate statement.) ---------------------------------------------------------------------------------------------------------------------------------------------------------------------34a Does the organization receive any financial aid or assistance from a governmental agency?. b Has the organization ' s right to such aid ever been revoked or suspended? . If you answered ' Yes' to either 34a or b , please explain using an attached statement. Does the organization certify that it has complied with the a p plicable requirements of sections 4 . 01 through 4 . 05 of Rev Proc 75-50, 1975-2 C. B. 587 , covering racial nondiscrimination? If 'No,' attach an explanation. BAA TEE, 12/27/07
. ......
35
Schedule A (Form 990 or
Schedule A (Form 990 or 990 -EZ) 2007 CHICO COMMUNITY SCHOLARSHIP ASSOCIAT ALANMAX Lobbying Expenditures by Electing Public Charities (See instructions.)
23-7056599
Page 6
(To be completed ONLY by an eligible organization that filed Form 5768) Check ^
a
if the org anization belon g s to an affiliated g rou p .
Check ^
Limits on Lobbying Expenditures (The term ' expenditures ' means amounts paid or incurred ) 37 38 39 40 41
N/A b fl if you checked ' a' and 'limited control ' p rovisions a pp ly . (b) (a) Affiliated group To be completed totals for all electing
Total lobbying expenditures to influence a legislative body (direct lobbying) Total lobbying expenditures (add lines 36 and 37) Other exempt purpose expenditures. . . . Total exempt purpose expenditures (add lines 38 and 39) .. Lobbying nontaxable amount. Enter the amount from the following table If the amount on line 40 is The lobbying nontaxable amount is Not over $500,000 20% of the amount on line 40 Over $500,000 but not over $1,000,000 . . $100,000 plus 15% of the excess over $500,000 Over $1,000,000 but not over $1,500,000 $175,000 plus 10% of the excess over $1,000,000 Over $1,500,000 but not over $17,000,000 $225,000 plus 5% of the excess over $1,500,000 Over $17,000,000 . .... $1,000,000 . ... Grassroots nontaxable amount (enter 25% of line 41) .... .. Subtract line 42 from line 36. Enter -0- if line 42 is more than line 36 .. Subtract line 41 from line 38. Enter -0- if line 41 is more than line 38.. Caution : If there is an amount on either line 43 or line 44, you must file Form 4720
42 43 44
37 38 39 40
41
42 43 44
4 -Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below See the instructions for lines 45 through 50.) Lobbying Expenditures During 4 -Year Averaging Period Calendar year (or fiscal year beginning in) ^ 45
Lobbying nontaxable amount
46
Lobbying ceiling amount (150% of line 45(e)) .
47
Total lobbying ex p enditures
48
Grassroots nontaxable amount
49
Grassroots ceiling amount (150% of line 48(e))
50
Grassroots lobbying ex p enditures
P401M.=B
(a) 2007
(b) 2006
(c) 2005
(d) 2004
(e) Total
'
Lobbying Activity by Nonelectin g Public Charities (For reporting only by organizations that did not complete Part VI-A) (See instructions.)
N/A
During the year, did the organization attempt to influence national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of: a b c d e f g h i
Yes
No
Amount
Volunteers ... ... . ... .... Paid staff or management (Include compensation in expenses reported on lines c through h.) .... Media advertisements... . . Mailings to members, legislators, or the public ......... Publications, or published or broadcast statements. ... . Grants to other organizations for lobbying purposes... Direct contact with legislators, their staffs, government officials, or a legislative body . Rallies, demonstrations, seminars, conventions, speeches, lectures, or any other means ... . Total lobbying expenditures (add lines c through h.). If 'Yes' to any of the above, also attach a statement giving a detailed description of the lobbying activities.
BAA
Schedule A (Form 990 or 990-EZ) 2007
TEEAo405L 12/27/07
Schedule A (Form 990 or 990-EZ) 2007 CHICO COMMUNITY SCHOLARSHIP ASSOCIA 23-7056599 1 PartV L Information Regarding Transfers To and Transactions and Relationships With Noncharitable
Pa g e 7
Exempt Organizations (See instructions) 51
Did the reporting organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501 (c)(3) organizations) or in section 527, relating to political organizations? a Transfers from the reporting organization to a nonchantable exempt organization of. Yes No ()Cash.... X 51 a (i)
b Other transactions: (i)Sales or exchanges of assets with a noncharitable exempt organization b i (H)Purchases of assets from a noncharitable exempt organization b ii (iii)Rental of facilities, equipment, or other assets. b (iii . . (iv) Reimbursement arrangements b IV) ... (v)Loans or loan guarantees . .... .. . b v (vi)Performance of services or membership or fundraising solicitations b vi .. c Sharing of facilities, equipment, mailing lists, other assets, or paid employees. ... .. ..... c d If the answer to any of the above is 'Yes,' complete the following schedule. Column (b) should always show the fair market value of the goods, other assets, or services given by the reportin organization. If the organization receivedyless than fair market value in an transaction or sharin g arran g ement, show in column d the value of the g oods, other assets, or services received(a) (b) (c) (d) Amount involved Name of noncharitable exempt organization Line no. Description of transfers, transactions, and sharing arrangements
52a Is the organization directly or indirectl y affiliated with, or related to, one or more tax-exempt organizations described in section 501 (c) of the Code (other than section 501 (c)(3 )) or in section 527?
..
- [] Yes
XX
X X X X X X X
No
Schedule A (Form 990 or 990-EZ) 2007
BAA TEEA0406L
12/27/07
2007
FEDERAL STATEMENTS
PAGE 1
CHICO COMMUNITY SCHOLARSHIP ASSOCIATION
23-7056599
STATEMENT1 FORM 990, PART I, LINE 9
NE I INCOME (LOSS)-FROM SPECIAL EVENTS LESS CONTRIBUTIONS
GROSS RECEIPTS
SPECIAL EVENTS ANNUAL PICNIC ANNUAL LUNCHEON ANNUAL BANQUET
12,152. 5,268. 4,795. 22,215.
TOTAL $
$
5,434. 4,848 . 0. 10,282.
$
6,718. 420. 4,795. 11,933.
NET INCOME (LOSS)
LESS DIRECT EXPENSES
GROSS REVENUE
$
6,718. 420. 4,900. 12,038.
$
0. 0. -105. -105.
STATEMENT 2 FORM 990 , PART I , LINE 20 OTHER CHANGES IN NET ASSETS OR FUND BALANCES ROUNDING
..
.
UNREALIZED LOSS ON SECURITIES
.....
.
$
1.
TOTAL $
- 83,860. -83,859.
$
84,175.
TOTAL $
84,175.
..
STATEMENT 3 FORM 990 , PART II , LINE 23 SPECIFIC ASSISTANCE TO INDIVIDUALS SCHOLARSHIPS
STATEMENT 4 FORM 990, PART III ORGANIZATION ' S PRIMARY EXEMPT PURPOSE TO AWARD SCHOLARSHIPS TO CHICO AREA HIGH SCHOOL GRADUATING SENIORS.
STATEMENT 5 FORM 990, PART IV , LINE 65 OTHER LIABILITIES SCHOLARSHIPS DUE
$ TOTAL $
123,350. 123,350.
2007
FEDERAL STATEMENTS
PAGE 2
CHICO COMMUNITY SCHOLARSHIP ASSOCIATION
23-7056599
STATEMENT 6 FORM 990, PART IV-A, LINF R(4) OTHER AMOUNTS AMOUNTS PAID DIRECTLY TO STUDENTS BY DON
.
..
$
20,250.
TOTAL $
20,250.
$ TOTAL $
20,250. 20,250.
STATEMENT 7 FORM 990, PART IV- B, LINE B(4) OTHER AMOUNTS AMOUNTS PAID DIRECTLY TO STUDENTS BY DON
...
..
..... .
STATEMENT 8 FORM 990, PART V-A LIST OF OFFICERS , DIRECTORS , TRUSTEES , AND KEY EMPLOYEES
NAME AND ADDRESS STEVE SCHAEFER
TITLE AND AVERAGE HOURS PER WEEK DEVOTED DIRECTOR $
CONTR IBUTION TO EBP & DC
COMPENSATION 0.
$
0.
EXPENSE ACCOUNT/ OTHER $
0.
4 JORDANNE COURT CHICO, CA 95928
0
LARRY BREIDINGER 21 VALLEY COURT CHICO, CA 95973
DIRECTOR 0
0.
0.
0.
LIZ FLEMING 29 AVALON COURT CHICO, CA 95926
SECRETARY 0
0.
0.
0.
RICHARD W. POWELL 1530 HUMBOLDT RD., SUITE 2 CHICO, CA 95928
TREASURER 0
0.
0.
0.
DIRECTOR
0.
0.
0.
0.
0.
0.
0.
0.
0.
0.
0.
0.
JOHN A. POWELL 1530 HUMBOLDT RD.,
SUITE 2
0
CHICO, CA 95928 DEBORAH OWENS 1462 MOUNTAIN VIEW AVE.
DIRECTOR 0
CHICO, CA 95926 ANDY BANKS
3018 CLARENCE COURT CHICO, CA 95973 JAMES BOICE 15 ROSE AVE. CHICO, CA 95928
DIRECTOR
0 DIRECTOR 0
2007
FEDERAL STATEMENTS
PAGE 3
CHICO COMMUNITY SCHOLARSHIP ASSOCIATION
23-7056599
STATEMENT 8 (CONTINUED) FORM 990, PART V-A LIST OF OFFICERS , DIRECTORS, TRUSTEES , AND KEY EMPLOYEES
NAME AND ADDRESS
LAURIE MOORE 1872 BIDWELL AVE. CHICO, CA 95926
TITLE AND AVERAGE HOURS
COMPEN-
CONTRIBUTION TO
EXPENSE ACCOUNT/
PER WEEK DEVOTED
SATION
EBP & DC
OTHER
PRESIDENT $ 0
0. $
0. $
0.
DIRECTOR 0
0.
0.
0.
DIRECTOR 0
0.
0.
0.
VICE PRESIDENT 0
0.
0.
0.
DIANA LOBOSKY 38 FAIRWAY DR. CHICO, CA 95928
DIRECTOR 0
0.
0.
0.
ROBYN PRIME 15 DANA POINT RD. CHICO, CA 95928
DIRECTOR 0
0.
0.
0.
JOLENE FRANCIS 2290 BURLINGAME DRIVE CHICO, CA 95928
DIRECTOR 0
0.
0.
0.
DEDE KAUFFMAN
DIRECTOR
0.
0.
0.
0. $
0. $
0.
DENNIS DEROMEDI 880 WHISPERING WINDS LANE
CHICO, CA 95928 LINDA HALSEY 9 HIGHLAND CIRCLE CHICO, CA 95926 TOM HUGHES P.O. BOX 8110 CHICO, CA 95927-8110
40 COMMONWEALTH COURT CHICO, CA 95973
0 TOTAL $
STATEMENT 9 FORM 990, PART VIII RELATIONSHIP OF ACTIVITIES TO THE ACCOMPLISHMENT OF EXEMPT PURPOSES LINE
EXPLANATION OF ACTIVITIES
94
AMOUNTS DONATED SPECIFICALLY TO HELP OFFSET ADMINISTRATI VE EXPENSES.
95
THE ORGANIZATION MARSHALS FUNDS TO AWARD SCHOLARSHIPS. INTEREST IS EARNED ON THOSE FUNDS UNTIL THEY ARE DISBURSED AS SCHOLARSHIPS.
96
THE ORGANIZATION MARSHALS FUNDS TO AWARD SCHOLARSHIPS. DIVIDENDS ARE EARNED ON THOSE FUNDS UNTIL THEY ARE-DISBURSED AS SCHOLARSHIPS.
2007
FEDERAL STATEMENTS CHICO COMMUNITY SCHOLARSHIP ASSOCIATION
PAGE 23-
STATEMENT 10
POTENTIAL SCHOLARSHIP RECIPIENTS ARE GRADUATING SENIORS FROM THE THREE HIGH SCHOOLS IN THE CHICO, CA AREA WHO SUBMIT COMPLETED SCHOLARSHIP APPLICATIONS. SCHOLARSHIP DONORS THEN SELECT THE STUDENT THAT THEY FEEL IS MOST DESERVING OF THEIR AWARD BASED UPON THE STUDENTS' ACADEMIC ACHIEVEMENTS, COMMUNITY SERVICE, FINANCIAL NEED, THE REQUIRED ESSAY THAT IS WRITTEN AS A PART OF THE APPLICATION PACKAGE, LETTERS OF RECOMMENDATION FROM UNRELATED PARTIES, OTHER INDIVIDUAL REQUIREMENTS OF THE SCHOLARSHIP DONORS AND FACE-TO-FACE INTERVIEWS (IF REQUESTED BY THE DONOR).
